Technical risk insurance
Technical risks primarily include insurance of machinery and electronic equipment. Insurance of such equipment may build on machinery breakdown business interruption (see the link to business interruption insurance).
As standard, the insurance covers damage caused by production defects, falling objects, intrusion of foreign objects, short circuits, overvoltage, overpressure of steam and gas and, last but not least, clumsiness, inattention or incorrect operation.
Insurance of electronic devices provides even broader coverage, including the elements, intentional damage, etc.
The insurance is recommended for key production lines or machinery, control systems, computers, or expensive and new technology.